Don’t forget to protect your mortgage – and your family

Top Quote Whilst we all know that taking out a mortgage is a major financial commitment, many people do not have sufficient or appropriate life cover to protect them and their mortgage in the event of death or illness. End Quote
  • (1888PressRelease) September 29, 2009 - The different types of life insurance cover available can sound confusing, but the choice is more straightforward than people think. If you have a family with children, as a bare minimum you should consider life assurance that would pay off your mortgage upon death. There is then the option of cover that would pay out in the event of you contracting a serious illness. Both types of cover can be provided either as a lump sum or as a regular income.

    For new parents, life insurance company AVIVA is currently offering £10,000 FREE life cover until their child’s first birthday - £20,000 if both parents apply. In their recent Parents Study, Aviva found that almost 40% of parents polled have not bought life insurance cover and a further 17% only have enough to cover their mortgage.

    Richard Morea, Technical Manager at L&C said, “When taking out a mortgage or starting a family, it is essential that borrowers and parents look at their life insurance needs and make sure that their family is properly protected if the worst were to happen. It’s important to shop around and get advice too, because banks and building societies that offer good mortgage rates will not always offer good rates on life insurance.“

    London & Country (L&C) is the UK’s leading no-fee mortgage broker. Based in Bath, it provides whole of market advice via telephone and post to clients nationwide. As well as residential mortgages, it also specialises in the Buy-to-Let and adverse-credit sectors.

    L&C is a Climate Neutral company and for the last seven years has invested in climate friendly projects and tree-planting to help offset its emissions and those of its customers.

    For more information, go to

    L&C has won numerous awards including:
    Best Mortgage IFA/Adviser of the Year – Money Marketing, 2004, 2005, 2006 and 2008
    Best Technology Adviser – Money Marketing 2007
    Best Mortgage Broker outside London – Mortgage Strategy, 2004 and 2005
    Best National Broker – Mortgage Introducer 2005, 2006 and 2007
    Best Overall Broker – Mortgage Introducer 2005
    Overall broker of the year – Pink Home Loans, 2006 and 2007
    Top 100 company in the Sunday Times Fast Track 100 for 2004 and 2005
    Business of the Year – The Bath Business Awards 2005
    Growth Strategy of the Year – National Business Awards (Wales and West) 2008
    Business Leader (Broker) – British Mortgage Awards - 2008
    Online Mortgage IFA of the Year – Financial Adviser - 2008

    For further information please contact:
    David Hollingworth, Head of Communications
    Office: 01225 341211
    Mobile: 07710 634044
    Richard Morea, Technical Manager
    Office: 01225 341312
    Mobile: 07970 885168

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